A new study by Makerere University-based bio-ethicists has found that the government erred regarding who should be given priority as initial beneficiaries of the COVID-19 vaccine.Launching preliminary findings of the survey in which scientists sought to establish ethical and social issues for vaccine priority setting and access on Friday, the
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Commercial banks registered strong growth in customer deposits of 17.1 percent from USh22.9 trillion in 2019 to USh26.8 trillion over the year ended December 2020 in spite of the slow pace of economic recovery. This revelation is contained in Bank of Uganda’s Quarterly Financial Stability Review December 2020 released in March 2021. “Most of this increase
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State Minister for Finance and Planning David Bahati High hurdles still stand in the way to the Final Investment Decision that will see country's first oil to come out of the ground for the crude to be transported to the sea with some refinery to be done in the country,
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Newly inaugurated Samia Suluhu Hassan has declared 21 days of mourning for her predecessor Residents of Tanzania’s main city of Dar es Salaam have been banned from holding any events or festivities whilst the nation mourns the late President John Magufuli, the privately owned Citizen newspaper quotes the city's governor as
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President Yoweri Museveni inspecting products made by women entrepreneurs. SMEs like these require long term sources of finance. Courtesy photo Financial experts have blamed the collapse of many companies over the last one year, to the kind of capital that most of them use to run their activities.According to the
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Stanbic Bank Uganda Chief Executive Anne Juuko (R) and Samuel Mwogeza Stanbic Bank Uganda (SBU) has paid out a total of UGX 110 billion to its shareholders for financial year 2019, continuing a long track record of returning consistently positive earnings despite prevailing challenges. At the peak of the Covid-19 pandemic last year,
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Police in Kalangala are hunting for a woman suspected of conning islanders of millions of shillings by promising to multiply their cash many times over using divine powers.The suspected con woman however is using mobile means to execute her heist, and so chances of catching her in the archipelago are
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Labour recruitment companies have connected many Ugandans to jobs abroad The Anti-Slavery Bill 2020, if passed in its current form, will stop external recruitment labour companies from charging Ugandans a number of ‘unnecessary’ fees. The Bill is currently being scrutinized by Legal and Parliamentary Affairs Committee While introducing The Anti-Slavery Bill
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Samia Suluhu Hassan has made history as the first female president of Tanzania. Ms Samia has been sworn in by the Chief Justice Ibrahim Juma at State House Dar es Salaam. She becomes the sixth president of Tanzania following the death of President John Pombe Magufuli on Wednesday, from heart-related
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Ian M. Rumanyika, the URA Acting Assistant Commissioner Public and Corporate Affairs Uganda Revenue Authority (URA) works with various stakeholders and partners to recover revenue from either ignorant or intentional tax defaulters. The tax body acts on verified intelligence. Informants/ whistle-blowers who give accurate information that leads to recovery of
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